The Cronos community approved two key tokenomics proposals that led to a burn of 228 million CRO tokens and directed all revenue from Cronos Ult and Cronos Launch to buy back CRO tokens from the open market. These bought-back tokens will be burned monthly, adding to a cumulative total of 428 million CRO tokens burned so far. The network will publicly share each buyback transaction hash for transparency. Staking rewards remain unchanged and continue to be funded from the Strategic Reserve, ensuring ongoing incentives for holders.
The Cronos tokenomics update includes a cumulative burn of 428 million CRO tokens. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 04, 2026 10:11 WIB: out of 50 major cryptocurrencies, 35 rose and 14 fell. Notable movers include ONE (Harmony) with a 16.86% increase to Rp46 and a typical hold time on Pluang of 152 days, ENJ (Enjin Coin) down 11.58% at Rp589 with 104 days typical hold time, and BAL (Balancer) up 11.14% at Rp16,297 with 85 days typical hold time.
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